Janet Yellen Interested in Reevaluating 2%

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June 15, 2017
2017-06-14T15:03:27-04:00https://images.c-span.org/Files/c9c/20170614150456003_hd.jpg"Assessments of the neutral federal funds rate have changed and are quite a bit lower than they stood in 2012 or earlier years. That means that the economy where policy could be constrained by the zero lower bound more frequently than at the time we adopted our two percent objective...the target is one we will be reconsidering at some future time."

"Assessments of the neutral federal funds rate have changed and are quite a bit lower than they stood in 2012 or earlier years. That means…
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"Assessments of the neutral federal funds rate have changed and are quite a bit lower than they stood in 2012 or earlier years. That means that the economy where policy could be constrained by the zero lower bound more frequently than at the time we adopted our two percent objective...the target is one we will be reconsidering at some future time." close